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During the last month of 2010, a firm produces consumer goods but does not sell everything to consumers. The unsold portion is added to its inventory. In January 2011, the firm sells all the goods to consumers.
a. In January 2011, how is the 'consumption' component of GDP affected?
b. In January 2011, how is the 'investment' component of GDP affected? Note: your answer should be 'increase', 'decrease', or 'not affected'.
Is SPC employing labour and domes in an optimal ratio, assuming that substitution of resources is possible. Elucidate. Conclude marginal income products for exterminators and for domes/pumps employed by SPC.
Draw the budget constraints before and after this EITC goes into effect. Label the number of hours of work and money income for each kink in the budget.
How do you calculate the marginal revenue in a perfectly competitive market when 20 surfboards are sold, each for $400?
Select an economic problem or theory and discuss how dummy variables could be applied. Determine the value that dummy variables would add to your analysis (think outside the box on this one avoid obvious examples like gender, race, etc.).
"How has technology changed the purchasing and selling behavior?" what happened to your purchasing behavior once you adopted your smart phone, are you being more smartphonic in buying or selling items online.
The market supply curve for any product:
Firms in perfect competition will leave the industry if they
How large is the bias in the CPI due to not immediately incorporating new goods.
The Peel Trading Company received an invoice dated September 20 for $16 000 less 25% and 20%, terms 5/10, 2/30, n/60. Peel made a payment on September 30 to reduce the debt to $5000 and a payment on October 20 to reduce the debt by $3000. What amount..
The sale of treasury securities by the Federal Reserve will, in general
Monopolistic competition describes an industry characterized by a _____ number of firms producing _____ products with _____ entry.
When a merger is in the works or potentially in the works, the SEC makes it mandatory NOT to disclose any information. If information is leaked out, especially to the investors, the purchase of stock prices will be altered and as a result, there will..
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